Jesse H. Lippincott
Jesse H. Lippincott (born February 18, 1843 in Mount Pleasant , Pennsylvania , † April 18, 1894 in Newton , Massachusetts ) was an American entrepreneur who laid the foundations for the speaking machine industry in the United States by founding the North American Phonograph Company put.
Life
Jesse H. Lippincott was born on February 18, 1843, in Mount Pleasant, to the merchant Joseph H. Lippincott and Eliza Lippincott, née Strickler. At eighteen he joined the army and served for three years as a volunteer during the Civil War in the 28th Pennsylvania Volunteer Infantry of the United States Army . Shortly after the end of the war, he worked as a grocer and shared a share with Henry Clay Fry in his Pittsburgh , Pennsylvania glass factory, which Fry turned his back on in 1869 and left the company.
In 1872, Henry Clay Fry and Lippincott got in touch again, whereupon the latter joined the Rochester Tumbler Company (Rochester Tumbler Co.), which was founded in Pittsburgh, Pennsylvania and had production facilities in Rochester , Pennsylvania , and became a director of the company became active. Lippincott was also director of the First National Bank of Rochester in Beaver Country and one of the directors of the Fifth National Bank of Pittsburgh, which was founded in 1871.
A portion of his income, including dividends paid, generated by owning stocks, using it as investment capital, and looking for new investment opportunities, Lippincott decided after employing his old acquaintance Thomas R. Lombard as a personal financial advisor and that had pointed him out to the new types of speaking machines to invest in them in order to develop a possibly existing commercial potential for himself. On the one hand, he came into contact with representatives of the American Graphophone Company (American Graphophone Co.) and, on the other hand, with those of the Edison Phonograph Company (Edison Phonograph Co.) , with the aim of addressing the various interests relating to the phonograph , developed by Thomas Alva Edison , and the graphophone , a further development of the phonograph by Chichester Alexander Bell and Charles Sumner Tainter . With the negotiations in his favor, Lippincott founded the North American Phonograph Company on July 14, 1888 , of which he became the first director. Two years later, Lippincott left the company, which went bankrupt in 1890, due to a serious illness.
Lippincott was married first to Mary Richardson and second to Lily Richardson. He died on April 18, 1894 of cerebral palsy in Newton, Massachusetts, at the age of fifty-one.
literature
- Herbert Jüttemann : Phonographen und Grammophone , 4th edition, Funk-Verlag Hein, Dessau 2007, ISBN 978-3-939197-17-1 .
- Hoffmann, Frank W. & Ferstler, Howard: Encyclopedia of Recorded Sound, Routledge, London 2005, ISBN 978-0-415-93835-8 .
- Peter Tschmuck: Creativity and Innovation in the Music Industry , 2nd edition, Springer, Heidelberg, New York, Dordrecht, London 2012, ISBN 978-3-642-28429-8 .
Web links
- Jesse H Lippincott , Find a Grave, accessed July 12, 2017.
- 65 Yeary of Juke Box Growth , The Billboard , accessed July 12, 2017.
- Raymond R. Wile: Edison and Growing Hostilities , ARSC Jurnal 1990, (English, PDF) , accessed July 25, 2017.
Individual evidence
- ↑ a b Jesse H. Lippincott (1842-1894). National Park Service, April 7, 2017, accessed July 12, 2017 .
| personal data | |
|---|---|
| SURNAME | Lippincott, Jesse H. |
| BRIEF DESCRIPTION | American entrepreneur |
| DATE OF BIRTH | February 18, 1843 |
| PLACE OF BIRTH | Mount Pleasant , Pennsylvania |
| DATE OF DEATH | April 18, 1894 |
| Place of death | Newton , Massachusetts |